AGIX Price Prediction: SingularityNET Price Preparing For Rally?

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AGIX Price Prediction: SingularityNET Price Preparing For Rally?

  • 1 AGIX price prediction suggests the downfall may take a halt near support and recovery is possible.
  • 2 SingularityNET price is trying to climb above the 50-day EMA.
  • 3 AGIX crypto price formed a strong base near $0.16000.

AGIX price prediction is bullish for the next month. It formed a strong base near $0.15000 and buyers are trying their best to rebound.

SingularityNET price is in a downtrend but if buyers succeed to climb above the 50-day EMA. Then the possibility of the trend reversal will increase.

AGIX crypto price seems to be stuck in the narrow range between $0.15814 to $0.22052. This range is likely to act as a strong base for the bulls.

Previously, buyers tried multiple times to break the higher range to expand the range upward. But the attempt failed and prices reverted down. It indicates that the sellers are active at the supply zone.

However, the overall crypto market is recovering so it may positively impact the price of AGIX. The pair of AGIX/BTC is trading at 0.00000674 with an intraday decline of -1.32%.

The price pattern of both the pairs looks quite similar and bears are still active. This pair is also consolidating in a narrow range and buyers are trying to halt the downfall.

AGIX Price Near to its Demand Zone

AGIX Price Prediction: SingularityNET Price Preparing For Rally?

AGIX/USDT daily chart by TradingView

AGIX price prediction suggests prices might take a u-turn from the support. The buyers will gain confidence and the price will pick up momentum when it succeeds in breaking the $0.22052 hurdle.

Currently, SingularityNET price is trading at $0.18331 with an intraday decline of -1.20%. The 24-hour volume to market is 7.70%. The price behavior of the AGIX crypto looks quite stable so speculators are less active.

However, the AGIX cryptocurrency needs fresh buyers to reverse the trend. The analysis suggests SingularityNET price is near the demand zone so the possibility of upside reversal is high.

SingularityNET Price Analysis: Downside Looks Limited

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The SingularityNET price has been forming a Doji candle for the past seven weeks. It shows that buyers are active near support and the downside looks limited. The downfall seems to have taken a halt and buyers are trying their best to rebound.

The MACD curve is sloping upward and is trying to climb above the zero line. The histogram bar is green which indicates that bulls are returning back to track. The RSI at 48 denotes neutral territory and a balance between bullish and bearish positions.

Conclusion

AGIX price prediction is bullish for the next month. It suggests that AGIX crypto price is near the demand zone so an upside reversal is possible.

The analysis suggests that SingularityNET price has formed a strong base near $0.16000 and is getting ready for a massive rally.

Technical Levels
  • Resistance levels: $0.20000 and $0.22052
  • Support levels: $0.15814 and $0.14000
Disclaimer

The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.

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